University of Wisconsin President Ray Cross on Tuesday asked the Legislature's budget-writing committee to approve a new public authority for the UW System, a "dedicated and stable funding stream" and to reduce the governor's proposed $300 million budget cut over the next two years.

Shortly after he finished his testimony, a handful of protesters burst into the room shouting, "No cuts, no deals." Followed by four Capitol police officers, the protesters marched past the table where Cross was sitting to give testimony before the Joint Committee on Finance.

If Park Bank is liable for not spotting Sujata "Sue" Sachdeva's $34 million embezzlement from Koss Corp. and has to reimburse the company, Koss Chief Executive Michael Koss should also be ordered to personally pay the public company he runs, the bank argues in a new lawsuit.

Grant Thornton, Koss Corp.'s former auditor, should also have to pay a portion of any award that may be ordered, Park Bank argued in the latest twist in a long-running court fight stemming from Sachdeva's massive embezzlement.

Sales at stores open at least a year dropped 5.6% for Kohl's Corp. in the four-week period ended Nov. 24, the company said Thursday.

"Though November sales were lower than expectations, we are encouraged by improved sales over the Thanksgiving week," said Kevin Mansell, chairman, president and chief executive of Menomonee Falls-based Kohl's. | Nov. 29, 2012»Read Full Article(1)

At a time when the American economy needs a boost, shoppers braved a winter chill and converged on area stores and malls before dawn Friday, buying everything from beer to bras to blaze orange.

The crowds were fairly big across southern Wisconsin, a spot check of area retailers showed. Whether the Thanksgiving weekend retail momentum continues through the entire holiday season is a huge question. Consumer spending makes up 70% of U.S. economic activity, and the next few weeks can generate as much as 40% of a retailer's annual sales. | Nov. 23, 2012»Read Full Article(14)

Jerry Synowizc, who makes about $12 a hour, or roughly $25,000 a year, was among the workers who walked off their jobs at Walmart stores to participate in a nationwide protest organized by the United Food and Commercial Workers International Union.

In the Milwaukee area, the protests began at 6 a.m. at the Walmart store at 5825 W. Hope Ave. and were followed by protests at the stores at 401 E. Capitol Drive and 3355 S. 27th St., with employees and other supporters traveling in three school buses. | Nov. 23, 2012»Read Full Blog Post(170)

A proposal to provide up to $8.5 million in city funds to help develop the Mayfair Collection shopping center has won final city approval.

The Common Council granted unanimous approval Tuesday night for the proposal, with the Joint Review Board also granting unanimous approval on Wednesday. The board is made up of representatives from local governments that will be affected by the financing plan. | Nov. 23, 2012»Read Full Blog Post(4)